Bitcoin surged to $75,000 amid rising U.S.-Iran tensions, adding $98 billion to its market cap and causing $500 million in liquidations. Technical analysts suggest that holding support above $67,000 could lead to an increase toward $80,000, despite highlighting $50,000 as a critical level if support fails.

Bloomberg strategist Mike McGlone says that after a big surge in 2025, Bitcoin could face a sharp pullback, while similar risks exist for silver, gold, copper, natural gas, and crude oil—especially if crude oil prices spike, which could trigger even larger market ripple effects.

Gate News message. April 13, according to on-chain analyst Ai Yi ( @ai_9684xtpa ) monitoring, a whale address withdrew 7,100 ETH (worth about $13.87 million) from a certain CEX on February 20 at an average price of $1,954, and two hours ago transferred 7,050 ETH into the CEX. If it is sold, it would make a profit of $1.65M.

Gate News message: On April 13, according to on-chain analyst Ai Yi monitoring, the swing whale address 0x54d...e6029 is currently placing a limit sell order for 5,000 WETH on Cowswap, with a total value of $11.01 million. This whale frequently uses $10 million for swing trading. On March 30, it built its ETH position at a relatively short-term low point at $1,985. If the sale is successful this time, it will earn a profit of $1.09M.

Gate News message, April 13, Strategy co-founder Michael Saylor posted on the X platform that the annualized breakeven return on Strategy’s Bitcoin holdings is about 2.05%. If Bitcoin’s long-term growth rate exceeds this level, Strategy can pay dividends indefinitely without issuing additional MSTR stock. Michael Saylor said that the relevant data can be tracked in real time on the company’s official website.

On-chain analysts monitored that the whale address enai.bnb bought 46,336.76 tokens on the second day after RAVE went live, holding them until 48 days ago before transferring to Aster. It is now the BSC network’s TOP 9 holder. If it hasn’t sold yet, the return on investment could be as high as 462%.

CryptoQuant analyst Darkfost noted that although March CPI recorded the largest month-over-month increase, core CPI remained stable, indicating that U.S. inflation has not fully spread yet. Attention should be paid to upcoming PCE data. If the Iran-Iraq conflict continues, inflation could evolve into a systemic risk and affect economic growth, and the Federal Reserve may need to continue raising rates to respond.

Macro investor Jordi Visser believes that if Bitcoin and Ethereum break through $76,000 and $2,400 respectively, it will kick off a sustainable uptrend. He expects high inflation to push investors to seek profitable assets, and notes that the probability of an economic recession has fallen to 24%. This view contrasts with the current bearish expectations in the crypto industry.

Gate News message, on April 11, BTC analyst Killa posted that when comparing all prior Bitcoin cycles, each cycle includes a final selloff that ends with a capitulation-style bottom. In this cycle, the time when the peak occurred was earlier than in previous cycles. Killa noted that if history repeats itself, BTC may still see another wave of declines before a true bottom is established.

Hong Kong Monetary Authority Deputy Chief Executive Officer Chen Weimin said that stablecoin issuers may choose to issue currencies such as Hong Kong dollars or renminbi based on their own discretion, but must obtain regulatory approval from the Mainland. As for the timetable for the second batch of stablecoin issuer licenses, there is no schedule yet. HSBC’s stablecoin will be integrated with PayMe and the HSBC HK App, supporting real-time transfers and person-to-merchant services.